It’s NO AMC that’s for sure!
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It’s looking likely that there will be a delay to the final restrictions being lifted. To me, it’s entirely predictable that such suggestions would make a stock like CINE fall.
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How was it going to sky rocket with limited seats available in each screen, lack of films to show and still many to vaccinate.
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For me it’s a long hold!
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I wasn’t expecting it to sky rocket right away, this is one that I’m holding onto for a good while and amc and cineworld are pure chalk and cheese stocks
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mmm, my gut says Cineworld are in trouble… They have had a tough couple of years and film fans will return with trepidation.
I hope I’m wrong, my 100 shares are now down nearly 20% but I am struggling to see how much this stock can grow.
I’m down over 9% overall. I keep buying the dip, but because I already have quite a sizeable position, it doesn’t make much difference. Personally, I think the stock will double long term, but it’s not looking great at the moment.
When are they going to go AMC full on meme stock …we want free popcorn!
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Same here I think they will not go under but it’s not looking good!
They were being actively shorted a couple of months ago, but the situation that happened in the US is illegal here, so a short squeeze can’t really happen.
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It’s coming back!
Glad I didn’t sell at the dip!
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My average price is 93p, so still 7% to go before I break even… 
So, I still think there’s potential for a strong long term recovery.
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I thought it was and yesterday happened 
Still a good 12 months I think my avge £1.04 not taking any more risks with it currently climate and debt amasse’s
The business will need to do something pretty radical to turn this around I think! I’m starting to regret putting any money in to this
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The business is trading with a P/E ratio of 0.6.
If my understanding is correct, that is a profit of 166% profit on each share.
This market is very susceptible to market panic and short term thinking.
I’m holding the line here. This is a typical example of having a diverse portfolio, some of which is higher risk. I’ve decided to take the risk of losses against a long term potential.
Compare this to Tesla shares where the total attraction is based on the charisma of one man and a P/E ratio of over 500! That’s a risky investment!
I did look this up but I still don’t get p/e
Like you said shows as 0.6 but another share I looked at was -9.6 but that was on up at time neither looked like they doing that great at moment as company.
I need to look it up again.
I don’t get where that figure could be from.
According to Koyfin consensus estimates for GAAP EPS are -33p and -1p for 2021 and 2022 respectively, and 6p in 2023, which is a P/E of 13.3 at the current price. Even prior to the pandemic Cineworld only made a profit of $180m so can’t be outdated.
Hi Dan
I am using the current P/E ratio quoted by Freeshare (now 1.57) on the app.
I’m just sat here thinking. Is p/e figure quoted on company or based on your holding
For me says 0.57